Chrysler closing Seventeen dealerships in Louisiana, including one in New Orleans and one in the greater metro area. Louisiana dealerships are among 789 dealerships Chrysler plans to close nationwide, about 25 percent of the company's 3,200 dealers on June 9.
Many of the dealers' sales are too low, the automaker said, with just over 50 percent of dealers accounting for about 90 percent of the company's U.S. sales.
Chrysler said its dealer network "needs to be reduced and reconfigured in a targeted manner to strengthen the network and dealer profitability and to achieve optimal results for the dealers and consumers."
Chrysler has received $4 billion in federal loans and has been operating in bankruptcy protection since April 30. Its sales this year are down 46 per cent compared with the first four months of last year and it reported a $16.8 billion net loss for 2008.
Louisiana Auto Dealerships are among those proposed to be eliminated by the company. They include:
ADAMS CHRYSLER COMPANY located in LOGANSPORT, Louisiana
BARBERA CHEVROLET INC located in NAPOLEONVILLE, Louisiana
CLAUDE DEBEAUX INC located in VIVIAN, Louisiana
FRENZEL MOTORS INC located in ABBEVILLE, Louisiana
HOOD MOTOR CO LLC located in AMITE, Louisiana
JACKIE EDGAR AUTO SUPERCENTER located in FRANKLIN, Louisiana
JOHN FUREY MOTORS INC located in BOGALUSA, Louisiana
LEGLUE AUTOMOTIVE INC located in ALEXANDRIA, Louisiana
M & M DODGE INC located in ALEXANDRIA, Louisiana
MADERE'S GARAGE INC located in HAHNVILLE, Louisiana
MARK DODGE CHRYSLER JEEP, LLC located in LAKE CHARLES, Louisiana
NEW ROADS MOTOR COMPANY, L.L.C. located in NEW ROADS, Louisiana
OAKDALE MOTORS INC located in OAKDALE, Louisiana
ORLEANS DODGE CHRYSLER JEEP, L.L.C located in NEW ORLEANS, Louisiana
P K SMITH MOTORS INCORPORATED located in WINNFIELD, Louisiana
GREATER BIRMINGHAM DODGE CHRYSLER located in SHREVEPORT, Louisiana
SHETLER-CORLEY MOTORS LTD located in CROWLEY, Louisiana
(The Associated Press contributed to this.)
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